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Link here. Trump wants the shutdown. Link here. To the best of my knowledge, the only thing shut down during a government shut down are the national parks.
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Meanwhile
Boeing machinists apparently missed that memo: the company is out of money. Link here. Teamsters Union won't endorse either Trump or Harris. Link here. Speak volumes. Stays neutral first time in nearly three decades.
Half-penny pricing in the stock market. Link here. Not only is the penny sticking around but now Wall Street is keeping the ha-penny. Certainly suggests inflation is not a problem if ha-pennies are coming back into fashion.
US ports getting closer to strike action: East and Gulf coasts. Link here. 77%? Why not 75% or 80%? But 77%?
The International Longshoremen’s Association, which represents the dockworkers at East Coast and Gulf Coast ports, is warning that its members will strike if they don’t secure a labor deal before their current contract ends on September 30, 2024.
A walkout would hit major seaports including New York-New Jersey, Savannah, Georgia; Norfolk, Virginia; and, Houston.
The union, which is seeking a 77% wage increase over six years, and port employers haven’t met at the bargaining table yet and no negotiations have been scheduled.
Nvidia lands a big deal with Salesforce. Link here.
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